Dollar v/s Rupee

The Rupee has reached an all time high against the Dollar. This progress has been seen after the one in 1998 when the Rupee was around 40 to a Dollar.
History has turned a page, Today again 40 Rupees equals a Dollar.
hehe…
People say the Indian economy is at a high. Do you think it is a bubble which will explode or is it going up from here?
Goldman Sachs has predicted on the basis of India’s GDP that it will be World’s 3rd largest economy by 2035 racing ahead of superpowers like France, Italy, Russia, Japan, Germany and UK.
Also, about remitting money to India, do we wait or do we send now is a question arising in lot of people’s minds.
If this is a topic that interests you, post your opinions and comments.
4 comments April 30th, 2007